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Apply for the CFE exam and submit all your documents one month before scheduling the CFE exam. Part 1: complete the online application form and send the payment. The online application of the CFE exam includes four qualifying sections: qualifications, experience and character, signature declaration and payment.
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The accounting profession requires workers to become students throughout their lives, keeping up to date with the latest laws and regulations governing their field. For this reason, many accountants specialize in a sub-area, such as fraud. Fraud costs companies billions of dollars every year, and as criminals get smarter, companies must do it too. To prevent and detect fraud, companies turn to industry experts called Certified Fraud Examiners (CFE).
In the late 1980s, the Association of Certified Fraud Examiners (ACFE) launched the CFE certification. Since then, fraud examiners around the world have obtained this certification to learn about the best fraud prevention practices and advance their careers. CFEs have specialist accounting skills and a deep understanding of how criminals attempt to defraud businesses.
This article explains what a CFE is and how to become a certified fraud examiner. At the end of the article, you can read an interview with a practicing CFE.
Reference: http://www.acfe.com/details-of-exam.aspx
| Section | Weight | Objectives |
|---|---|---|
| Fraud Prevention and Deterrence | 20% | - Fraud risk assessment and management - ACFE Code of Professional Ethics - Causes and theories of fraud and white-collar crime - Designing and implementing prevention programs - Corporate governance and ethics |
| Fraud Investigations and Legal Issues | 40% | - Legal framework: criminal, civil, and administrative law - Rules of evidence and rights of parties - Report writing and documentation - Investigation planning and evidence gathering - Interviewing and interrogation techniques |
| Fraud Schemes and Financial Crimes | 40% | - Basic accounting and auditing concepts - Internal control systems and fraud prevention - Asset misappropriation, corruption, and other occupational fraud - Types of fraud schemes and financial crimes - Financial statement fraud |
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